Submitted by StickOk6483 t3_10qbydp in personalfinance
I am a government employee making 120k a year. I have completed 13 years of service and would be eligible for a full pension after 25 years (12 years to go) but I won’t be able to collect my pension until I hit 55. I made the required pension contributions for the 1st 10 years and no longer need to make any. And I don’t pay for health insurance. After 25 years of service I would receive approximately 60% of my final years pay.
In addition to the pension, I contribute to our retirement program (403b). I max that out every year. We have a guaranteed 7% return on these contributions. And lastly, I contribute approximately 10k a year into a 457 retirement account. I have pretty good job security; I have a 10 minute commute to the office and I generally like my work and coworkers.
I am most likely being offer approximately 175k at a non-profit. Similar work, fully remote, but may go hybrid in the near future. The commute would be 1 hour each way. I am still waiting to learn about their retirement package and their health costs. Do note, I can always get on my wife’s health plan for no additional fees.
What does the PF community think?